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EOT miuterm 3 Part 2 | | | + ezto.mheducation.com / hm.tpx Saved Tabs\" Apple iC

ID: 2589838 • Letter: E

Question

EOT miuterm 3 Part 2 | | | + ezto.mheducation.com / hm.tpx Saved Tabs" Apple iCloud Wikipedia Yahoo News. Popular McGraw-Hill Connect | Student Performance F 363 Fall 2017 Midterm 3 Part 2 value: 5.55 points MC Qu. 78 The following information for the past year... The following information for the past year is available from Thinnews Co. a company that uses machine hours to apply factory overhead: Actual total factory overhead cost Actual fixed overhead cost Budgeted fixed overhead cost Actual machine hours Standard machine hours for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $24,000 $10,000 $11,000 5,000 4.800 5,500 $3 Under a two-varlance breakdown (decomposition) of the total factory overhead variance, the factory overhead efficiency variance is: O Undefined O $400 favorable O $600 unfavorable O $1,400 favorable. O $1,400 unfavorable.

Explanation / Answer

Factoroverhead efficiency variance = $2*(4800-5500) = $1400 unfavourable

Correct Option is D